NOT LISTED FOR SALE

506 E Main St Tolono, IL 61880

Estimated Value: $297,000 - $371,000

5 Beds
3 Baths
2,777 Sq Ft
$117/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $261,650 $94 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,143/month

9 Days on Market

Highlights

  • Multiple Garages
  • Formal Dining Room
  • Garage
  • Full Attic

About This Home

As of December 2021

Sprawling Cape Cod home with tons of space and large bedrooms. Master bedroom on the first floor. Total of five bedroom home. Large finished basement with poured concrete walls great for hobbies or future finishing. Attached two car garage plus an oversize 2 1/2 car garage with underground oil changing station. An amazing man cave on a huge lot. Come see today.

Last Agent to Sell the Property

Eric Porter

The Real Estate Group,Inc License #475126463 Listed on: 10/12/2021

The Real Estate Group,Inc

Last Buyer's Agent

Kennedy Witheft

eXp Realty License #475188767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,794

Year Built

  • 1978

Lot Details

  • 0.59

Parking

  • Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,777 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Full Attic
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,794

Year Built

1978

Lot Details

0

Parking

6

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOTS, 11, 12, 13, 14, 15 OF BLK 11
  • Architectural Style: Cape Cod
  • Directions: From Rt 45 turn East on Holden St, then left on E Main St., house on the corner of Main and N Second St
  • Lot Size: 197X88X11X70X200X103
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Range, Refrigerator
  • Has Basement: Partial
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 2777
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2777
  • Basement Sq Ft: 900
  • Square Footage Comments: ASQ taken from Premium Exposures floor plan
  • Total Sq Ft: 3677
  • Unfinished Basement Sq Ft: 900
  • Upper Level Sq Ft: 875
  • Attic: Full
  • Main Level Sq Ft: 1902
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom
  • Other Equipment: Sump Pump
  • Dining Room Type: Bedroom 5

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding
  • Lot Features: Corner Lot
  • Other Structures: Second Garage
  • Waterfront: No

Garage/Parking

  • Number of Cars: 6
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage
  • Garage Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Electric, Baseboard
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unity East Elementary School
  • High School: Unity High School
  • Junior High Dist: 7
  • Middle Or Junior School: Unity Junior High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4252.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 3, 2021
Sold by
Hottman Scott A
Bought by
Hack Marcus and Davis Lindsey
Seller's Agent
Eric Porter
The Real Estate Group,Inc
Buyer's Agent
Kennedy Witheft
eXp Realty
List Price
$259,900
Sold Price
$261,650
Premium/Discount to List
$1,750
0.67%
Current Estimated Value
$318,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,782
Avg. Annual Appreciation
6.17%
Original Mortgage
$256,910
Outstanding Balance
$239,427
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$86,909

Purchase Details

Closed on
Aug 19, 2021
Sold by
Busboom Leslie G and Busboom Hseila A
Bought by
Leslie And Sheila Busboom Living Trust

Purchase Details

Closed on
Sep 20, 2013
Sold by
Lasater John D and Lasater Mollie
Bought by
Hottman Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,255
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hack Marcus $262,000 Allied Capital Title
Leslie And Sheila Busboom Living Trust -- Attorney
Hottman Scott A $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hack Marcus $256,910
Previous Owner Hottman Scott A $199,255
Previous Owner Lasater John D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $261,650 +0.7% $94 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $259,900 -- $94 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,794 $87,260 $8,390 $78,870
2023 $4,794 $81,020 $7,790 $73,230
2022 $4,528 $75,300 $7,240 $68,060
2021 $4,307 $71,440 $6,870 $64,570
2020 $4,253 $69,840 $6,720 $63,120
2019 $4,539 $68,880 $6,630 $62,250
2018 $4,487 $68,880 $6,630 $62,250
2017 $4,503 $65,910 $6,340 $59,570
2016 $4,366 $63,010 $6,060 $56,950
2015 $4,289 $60,760 $5,840 $54,920
2014 $4,360 $61,740 $5,930 $55,810
2013 $4,265 $61,740 $5,930 $55,810
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11240778

Midwest Real Estate Data (MRED)

APN: 29-26-25-305-011